Suspected GUN market maker transferred 191 million tokens in the early morning, showing signs of high-frequency selling pressure in the morning
Odaily Planet Daily reports that according to on-chain analyst @ai_9684xtpa, at 3 a.m. yesterday morning, a related address of the GUN project transferred out 191 million GUN tokens (about 2% of the total amount), which were originally intended for liquidity/market making. Subsequently until 8 o'clock this morning, there have been continuous high-frequency small-amount sell orders for this currency, averaging about 10 per second and about $6 per order, with an estimated hourly selling amount exceeding $210,000.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CFX surpasses $0.085 with a 24-hour increase of 14.5%
Nearly 160 Million USDT Transferred from CEX to Aave
Analyst: Market Needs to Close Above $104,800 to Resume Short-term Bullish Momentum
A Whale Unstakes Over 70,000 SOL Worth $11.24 Million
Trending news
MoreCrypto prices
More








